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COP 29 Review - is COP burnt out?

Allianz Global Investors

COP 29 closed amid comparisons with an equally acrimonious COP 15 in 2009. The tripling of climate finance commitments merely masks heightened tensions between developed and developing nations, evident ambition gaps, and ongoing absence of detail. In short, the COP format appears increasingly unable to match the 2015 Paris Agreement ambitions.

Allianz Global Investors

Tuesday 3rd December 2024

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